The Luc Hoffmann Institute will cover no more than 15% of indirect (overhead) costs for funded projects. Indirect costs may include:
- Operational and administrative expenses (including executive oversight, facilities, office rent, accounting and legal services, utilities and/or technology support) incurred by the applicant organization on behalf of the organization’s activities and projects which are not directly allocable to a particular activity;
- any specific project;
- activities which are not directly allocable to a particular activity or any specific project;
- expenses related to general operations of an organization that are shared among projects and/or functions.
According to the above mentioned, applicants should incorporate in the budget their indirect costs by applying a fixed rate of less than or equal to 15%.Indirect costs for funded projects